Vision Guided Robot Market Sees Exponential Growth

by Dawn Allcot

Vision guided robots (VGR) and the vision guided robotics software market play a big role in the supply chain, with 2D vision-guided robotics systems and mobile robots already in use in the automobile, aerospace, healthcare, warehouse logistics, and transportation industries.

As vision guided robot software evolves to include 3D machine vision, these robotic systems could increase the skills of automated systems during random bin picking, heavy material packaging, and machine assembly, as well as other tasks in the supply chain.

With so many applications, and the number increasing, it’s no wonder the North America VGR software market is expected to grow at a CAGR of 14.05% between 2019 and 2027. In 2018, the market accounted for $230.81 million USD; it’s expected to account for $741.85 million USD by 2027.

The “North America Vision Guided Robotics Software Market to 2027 – Regional Analysis and Forecasts by Robot Type, Technology, Application, and Vertical” details these findings and more, including factors for the growth and opportunities in the marketplace.

Factors that will attribute to market growth in coming years include the growing acceptance of vision guided robots and the potential for mass customization, as well as the integration of 3D technology to provided increased capabilities.

For instance, 3D vision-guided robots can detect the overall orientation of an object, permitting the end user to make an intelligent and real-time decision associated with the automation system depending upon the input of available visual data.

Key market players are focusing on various initiatives to enhance the reach 3D robot technology to rural areas and boost its position in the market.

Attributing to the application of mobile robots in diversified sectors, the manufacturers are incorporating machine vision software to enhance the movement capability. The integration of high-end cameras, sensors, and software are anticipated to double the adoption rate of mobile robots in the industries.

Source: http://www.globenewswire.com/news-release/2019/04/29/1811107/0/en/North-American-Vision-Guided-Robotics-VGR-Software-Market-2019-to-2027-by-Robot-Type-Technology-Application-Vertical-and-Country.html?culture=en-us

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